Types of Divorce in North Carolina: North Carolina recognizes two forms of divorce: (1) Absolute Divorce and (2) Divorce from Bed and Board. An absolute divorce functions to terminate the marriage so that the parties are no longer legally married. To obtain an absolute divorce the parties must have lived separate and apart for atRead more about Divorce from Bed and Board[…]

Firstly, recall that an operating agreement is the document that describes how your business will be governed. It lays out the rights of responsibilities of the member’s for managing the company and the member’s financial rights and duties. The first point to consider is that without an operating agreement your business will be subject toRead more about Why Your Multi-Member LLC Needs An Operating Agreement?[…]

The first question you may be asking is: What is an operating agreement? It is the agreement between the members of an LLC that governs how the business is governed, and it lays out the rights of responsibilities of the member’s for managing the company and the members financial rights and duties. A lot ofRead more about Why single member LLC needs an operating agreement[…]